NasrinCompany manufactures and sells one product. The following information pertains to each of the company's first two years of operations, using super-variable costing.

Variable cost per unit:

Direct materials $20

Fixed costs per year:

Direct labor $113,400

Fixed manufacturing overhead $94,500

Fixed selling and administrative expenses $135,500

The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. The selling price of the company's product is $150 per unit.

Year 1 Year 2

Production (units) 6,300 6,300

Sale (units) 6,100 6,500

For external reporting purpose, the company has to use GAAP-consistent absorption accounting.

Q:) The absorption costing income for Year 1 is: